The JIM enables the quantification of indirect jobs, value added, and greenhouse gas (GHG) emissions related to investments of financial institutions. The aim of the initiative is to bring comparability, accountability, and transparency to the financial industry by measuring key impact indicators in a harmonised way.
“The JIM has been incredibly helpful for deriving insights about our portfolio. By only entering outstanding amount and sector breakdown I can get a detailed breakdown of Scope 1,2, and 3 and split by CO2 and non CO2 in seconds! I am looking forward to its further development so that it can cover 100% of our portfolio aligned with the PCAF standard.”
Wilson Ortiz Torres, Sustainable Development Specialist at Banco Pichincha